Gibson Energy Inc. (OTCMKTS:GBNXF – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 4,482,400 shares, a growth of 49.5% from the September 15th total of 2,997,600 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is presently 830.1 days.
Analyst Ratings Changes
Separately, Raymond James raised shares of Gibson Energy to a “strong-buy” rating in a research note on Thursday.
Check Out Our Latest Stock Analysis on GBNXF
Gibson Energy Price Performance
Gibson Energy (OTCMKTS:GBNXF – Get Free Report) last issued its earnings results on Monday, July 29th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.02. Gibson Energy had a net margin of 1.41% and a return on equity of 20.52%. The firm had revenue of $2.36 billion during the quarter. Equities analysts predict that Gibson Energy will post 1 EPS for the current year.
Gibson Energy Company Profile
Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.
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